Brave Bold Brilliant Podcast

The Great CEO Exodus: The Truth Behind Record High CEO Departures in 2024


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Jeannette discusses the phenomenon known as the "great CEO purge," highlighting the significant turnover of CEOs in the past year, particularly in the wake of the pandemic. With around 2,000 CEOs leaving their positions, including 375 from public companies, she looks at the importance of understanding the pressures and trends affecting leadership in today's business landscape.

KEY TAKEAWAYS

  • There has been a significant increase in CEO turnover, with around 2,000 CEOs leaving their positions in the last 12 months, indicating a growing trend in leadership changes across various industries.
  • Understanding the pressures and trends affecting CEOs is crucial for both current leaders and aspiring executives. This knowledge can help individuals navigate their careers and contribute effectively to their organisations.
  • The skills required for CEOs have evolved, particularly in the context of technology and market dynamics. Modern leaders need to be tech-savvy and adaptable to stay relevant in a rapidly changing business environment.
  • There is an increasing trend of interim CEOs who are brought in to manage specific challenges or turnarounds within companies. This shift reflects a broader change in how leadership roles are structured and filled.

BEST MOMENTS

"Around about 2,000 CEOs left their positions... if we look within public companies, that was close to around about 375 CEOs that left their positions."

"CEOs that did well during a more stable market are not the same kind of CEOs when businesses are flat."

"The average tenure of any CEO in business is around about three years. It's not very long at all in order to make significant change."

"Executive burnout, it's a very real phenomenon... there comes a point where sometimes a leader will have a revelation around there's more to life than just business."

 

This is the perfect time to get focused on what YOU want to really achieve in your business, career, and life. It’s never too late to be BRAVE and BOLD and unlock your inner BRILLIANT. Visit our new website https://brave-bold-brilliant.com/ - there you'll find a library of FREE resources and downloadable guides and e-books to help you along your journey.

If you’d like to jump on a free mentoring session just DM Jeannette at [email protected].

VALUABLE RESOURCES

Brave Bold Brilliant - https://brave-bold-brilliant.com/

Brave, Bold, Brilliant podcast series - https://podcasts.apple.com/gb/podcast/brave-bold-brilliant-podcast/id1524278970   

ABOUT THE HOST

Jeannette Linfoot is a highly regarded senior executive, property investor, board advisor, and business mentor with over 30 years of global professional business experience across the travel, leisure, hospitality, and property sectors. Having bought, ran, and sold businesses all over the world, Jeannette now has a portfolio of her own businesses and also advises and mentors other business leaders to drive forward their strategies as well as their own personal development.

Jeannette is a down-to-earth leader, a passionate champion for diversity & inclusion, and a huge advocate of nurturing talent so every person can unleash their full potential and live their dreams.

CONTACT THE HOST

Jeannette’s linktree - https://linktr.ee/JLinfoot

https://www.jeannettelinfootassociates.com/

YOUTUBE - https://www.youtube.com/@braveboldbrilliant

LinkedIn - https://uk.linkedin.com/in/jeannettelinfoot

Facebook - https://www.facebook.com/jeannette.linfoot/

Instagram - https://www.instagram.com/jeannette.linfoot/

Tiktok - https://www.tiktok.com/@brave.bold.brilliant

Podcast Description

Jeannette Linfoot talks to incredible people about their experiences of being Brave, Bold & Brilliant, which have allowed them to unleash their full potential in business, their careers, and life in general. From the boardroom tables of ‘big’ international businesses to the dining room tables of entrepreneurial start-ups, how to overcome challenges, embrace opportunities and take risks, whilst staying ‘true’ to yourself is the order of the day.

Travel, Bold, Brilliant, business, growth, scale, marketing, investment, investing, entrepreneurship, coach, consultant, mindset, six figures, seven figures, travel, industry, ROI, B2B, inspirational: https://linktr.ee/JLinfoot

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Brave Bold Brilliant PodcastBy Jeannette Linfoot

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